Remembering Us in Your Will

You can include a gift in your will, known as a bequest, to Lewis & Clark when you create your will, or you may add or update a bequest later with a codicil. There are two important points to keep in mind as you make your plans to ensure your gift is carried out as you intend.
June 01, 2010
Whether through a new will or a codicil, be exact with your intentions when including Lewis & Clark in your will.

A common mistake—It’s important to identify Lewis & Clark precisely. By avoiding generalities in naming our charity, you alleviate confusion or possible litigation and help ensure that your donation helps others.

Unrestricted gift by bequest: I give and bequeath to Lewis & Clark College, an Oregon Corporation located at Portland, Oregon, [written dollar amount, percentage of the estate or of the residuary estate, or description of property], for its general purposes. Bequest for a specific purpose: I give and bequeath to Lewis & Clark College, an Oregon Corporation located at Portland, Oregon, [written dollar amount, or percentage of the estate or of the residuary estate, or description of property] for [specific purpose] at the [undergraduate, graduate, or law school]. In the event that such use shall become impractical, then for such purpose as the trustees of Lewis & Clark College at their discretion shall determine.

Safeguarding your plans—Although it is not required, making us aware of your bequest is very helpful. By informing us now of your wishes, we can recognize you for your thoughtful generosity and make certain we can use your gift for the purpose you intend. In addition, we have special ways of recognizing people who have named us in their wills. Several methods are available for making gifts through your will that support the future of education, with varying tax consequences depending on the method you choose. Contact Sharon Bosserman-Benson, For the Undergraduate College or the Graduate School at 503-768-7911 or 800-753-9292 or plangivg@lclark.edu or click here to learn about your different options.
Change Your Mind at Any Time We realize that circumstances change, and your gift to us in your will or trust may no longer be possible at some future date. Your family and friends come first, and that’s why a bequest works for so many of our supporters—you can change your mind at any time.

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